.31 is opportunistic

Agree totally with you all.
Even without a takeover price, LLP was destined to increase back to a lesser discount to its NTA over the next 12 mths. Just look at the other REITS. LLP in my opinion is a REIT combined with a business, ie Its is better than a REIT.

.31cents is plain stealing & LLC should feel ashamed to throw this at us just because they hold 40%. ( & equally the directors should be ashamed)
I don't have a problem if they were to pick it up at 10 -15% discount to the .60cents they paid for their original 40%.
Also, I expected that we would have had the option of either the cash at a fair price or a conversion into LLC shares with CGT rollover relief. Not having this option declares they are stealing LLP from us.
I wont be voting yes
I would have accepted LLC shares + some cash.
I will only vote yes to a price closer to .50cents(otherwise I am happy to hold for future dividend)
I will be emailing LLP expressing my disgust.

an annoyed
Freespins